Marc,
Looks like your niners did great last night!
I agree with your assessment about THQIs future, but this whole impeachment thing has got me worried. If the house votes to impeach the president and it looks like a pretty much done deal, I bet the market will tank. I believe the DOW closed below the 200DMA yesterday, which was a support level, so I believe there is more to go. That may take our stock with it...just look at yesterday's action. Add on to that, the fact that if a trial takes place in the senate, they are talking 3 - 6 months before the whole thing is over. That will make the markets even more volatile.
The question is, is it worth trying to get out now and buy back in lower? I like the idea, but my timing never seems to work very well. I think in the short term, the downside risk is greater than the upside. Long term, it's a no brainer.
Any thoughts?
Dave
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